Riverbridge Partners LLC Buys New Position in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Riverbridge Partners LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,578 shares of the company’s stock, valued at approximately $718,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FDIS. Bayshore Capital Advisors LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter valued at $734,000. Independence Financial Advisors LLC grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 6.5% during the 3rd quarter. Independence Financial Advisors LLC now owns 131,483 shares of the company’s stock worth $12,453,000 after purchasing an additional 8,027 shares in the last quarter. Signal Advisors Wealth LLC increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 234.4% in the third quarter. Signal Advisors Wealth LLC now owns 36,479 shares of the company’s stock worth $3,455,000 after purchasing an additional 25,571 shares during the period. Royal Bank of Canada increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 46.3% in the first quarter. Royal Bank of Canada now owns 33,432 shares of the company’s stock worth $3,118,000 after purchasing an additional 10,586 shares during the period. Finally, Lido Advisors LLC increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 1.3% in the first quarter. Lido Advisors LLC now owns 1,503,754 shares of the company’s stock worth $140,240,000 after purchasing an additional 19,658 shares during the period.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 0.1%

FDIS opened at $104.66 on Thursday. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 24.73 and a beta of 1.25. Fidelity MSCI Consumer Discretionary Index ETF has a twelve month low of $89.95 and a twelve month high of $107.45. The company has a 50-day simple moving average of $98.85 and a 200 day simple moving average of $100.07.

Fidelity MSCI Consumer Discretionary Index ETF Company Profile

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.